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    4677 Greensboro Rd Ridgeway, VA 24148

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    For Sale
    Contact for pricing

    Prime B-1 zoned lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.132-acre commercial lot presents a remarkable opportunity in the thriving town of Ridgeway, Virginia. Located on Greensboro Road, this property boasts a highly desirable B-1 zoning classification, making it suitable for a variety of commercial uses, including restaurants and retail establishments. The land is already graded, and all essential utilities are readily available, significantly reducing development time and costs. Its strategic location ensures high visibility and accessibility, placing it within close proximity to a cluster of established businesses. These include prominent national chains such as Speedway, Wendy's, Hardee's, and Tractor Supply, as well as local favorites like the Ridgeway Family Clinic and Gunter Auto Group. This established commercial corridor guarantees a steady flow of potential customers, making this lot an ideal investment for entrepreneurs seeking a prime location to establish their business. The property's size and zoning provide ample space for development, catering to a range of commercial ventures. This is a rare opportunity to secure a well-situated, ready-to-develop commercial lot in a growing community. Don't miss out on this chance to capitalize on the potential of this exceptional property. The address is 4677 Greensboro Rd, Ridgeway, VA 24148.

    Property Features for 4677 Greensboro Rd

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.132‑acre commercial land parcel in Ridgeway, VA.
    • B‑1 zoning allows for restaurant and retail uses.
    • Located on Greensboro Road with excellent visibility and access.
    • Utilities available; site is graded and ready for development.
    • Strong surrounding retail presence including Speedway, Wendy's, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeway
    County
    Henry
    State
    Virginia
    Longitude
    -79.8587542
    Latitude
    36.6297873

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    FAQs

    What type of property is this?
    Land - Prime B-1 zoned lot, high traffic area.
    Where is this land located?
    The property is located at 4677 Greensboro Rd Ridgeway, VA.
    What are key features of this property?
    This property features: 1.132-acre commercial land parcel in Ridgeway, VA.; B-1 zoning allows for restaurant and retail uses.; Located on Greensboro Road with excellent visibility and access.
    (276) 632-5325
    Request Owner's contact information
    4677 Greensboro Rd Ridgeway, VA 24148
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    Ridgeway, VA 24148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4677 Greensboro Rd Ridgeway, VA 24148
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